Municipal Bond Credit Report: Beleaguered Public Pension Funds Make Record Gains in Second Quarter
Municipal Bond Credit Report: Public pension funds set a 22-year performance record in the second quarter, recovering some but not all of their losses from the first quarter… Link to…
Municipal Bond Credit Report: U.S. Economy Contracted at Record Rate Last Quarter; Jobless Claims Rise to 1.43 Million
Municipal Bond Credit Report: The economy contracted at a record rate last quarter and July setbacks for the jobs market added to signs of a slowing recovery as the country…
Municipal Bond Credit Report: New Jersey bill would let municipalities borrow to ease coronavirus revenue woes
Municipal Bond Credit Report: A municipal bonding bill approved by New Jersey lawmakers Thursday that would enable local governments to borrow to offset some revenue losses driven by the COVID-19…
Municipal Bond Credit Report: Fed Maintains Stimulus Commitment as Economic Outlook Dims
Municipal Bond Credit Report: The Federal Reserve said the U.S. economy faced major challenges from the coronavirus pandemic and reiterated its pledge to take aggressive action to support an eventual…
Municipal Bond Credit Report: Federal government uniquely positioned to provide coronavirus relief
Municipal Bond Credit Report: As House Democrats and Senate Republicans negotiate another round of coronavirus financial aid, experts and state and local officials are making the case that only the…
Municipal Bond Credit Report: Florida sees $2 billion loss in 2020 budget due to coronavirus
Municipal Bond Credit Report: Florida finished fiscal 2020 with a nearly $2 billion loss in the state’s general revenue fund because of the COVID-19 pandemic… Link to Story
Municipal Bond Credit Report: New Jersey Lottery receipt slump pressures pension funding
Municipal Bond Credit Report: A slump in New Jersey Lottery revenues adds stress to the state’s already struggling pension system… Link to Story
Municipal Bond Credit Report: Colorado gets negative credit feedback from Moody’s on pension funding decision
Municipal Bond Credit Report: Under budget pressure from the COVID-19 pandemic, Colorado lawmakers withheld a $225 million contribution to the state’s pension plan for the current fiscal year, a decision…
Municipal Bond Credit Report: Fed Extends Emergency Lending Programs by Three Months
Municipal Bond Credit Report: The Federal Reserve said Tuesday it extended by three months the operation of all of its emergency lending programs that had been set to run through…
Municipal Bond Credit Report: U.S. Home-Price Growth Decelerated in May
Municipal Bond Credit Report: Home-price growth slowed slightly in May, as home sales fell for a third straight month due to a widespread shutdown of economic activity in many parts…
